History

What began as a single grain elevator and one man’s dream has grown into a publicly traded company with diverse interests.

1940s

  • Harold and Margaret Anderson found The Andersons Truck Terminal in Maumee, Ohio.
  • ATT is established as an operating partnership with Harold and Margaret and their six children.
  • Grain terminal with nine truck bays is built for rapid turnaround and better service to farmers.
  • Rail transfer to ship loading is established on the Maumee River.

1950s

  • Additional grain storage is added, known nationally as “The Big Pour.”
  • The Andersons Warehouse Market is opened as the first retail store.
  • Fertilizer blending begins, initially utilizing a cement mixer.
  • Ear corn and cob milling facilities are added.
  • St. Lawrence Seaway is opened.

1960s

  • The first deep-water grain loading facility on the U.S. side of the Great Lakes is opened by The Andersons.
  • Champaign, Illinois opens as the first elevator in the U.S. capable of loading 100-car unit trains destined for the East Coast, the Gulf, and the fast-growing export market.
  • The largest steel tank grain storage installation in North America is conducted by The Andersons in Maumee, Ohio.
  • Lawn Products business begins.
  • John Anderson becomes Managing Partner.

1970s

  • Grain receipts almost triple and the river elevator is expanded.
  • Unit train fertilizer shipments arrive from western U.S. and Canada.
  • Unit train grain shipments head to Gulf ports.
  • Grain elevator and cob mill built in Delphi, Indiana.

1980s

  • Liquid fertilizer facilities open on the Maumee River.
  • Toledo and Columbus retail stores open.
  • Dick Anderson becomes Managing Partner.
  • The Andersons Management Corporation forms.
  • Two "outside" directors are added to the Board of Directors.
  • Grain elevators and fertilizer facilities open in Indiana and Michigan.

1990s

  • The Andersons is incorporated and is first listed on the NASDAQ on February 20, 1996.
  • Railcar repair shop is built in Maumee and the Company enters the rail leasing business.
  • Mike Anderson becomes CEO.
  • Grain and liquid storage facilities are acquired in Clymers, Walton, Logansport, Seymour, North Manchester and Waterloo, Indiana.
  • Sales reach $1 billion.
  • The majority of the board is comprised of independent directors.

2000s

  • The Andersons enters the ethanol business, overseeing the construction and operation of three ethanol plants.
  • Railcar fleet is significantly expanded and additional railcar repair shops are added.
  • Professional turf products are expanded.
  • Additional shares are issued in the form of a 2-for-1 stock split and follow-on offering.
  • The Andersons invests in Lansing Trade Group, an independently owned ag-merchandising company that trades wheat, corn, feed ingredients and other grains/oilseeds.

2010s

  • The Andersons Denison LLC acquires an ethanol plant in Denison, Iowa.
  • Opened newly constructed state-of-the-art 27,000 square foot railcar paint facility in Maumee, Ohio.
  • The Andersons and Lansing Trade Group, LLC acquire Thompsons Limited, a grain and food-grade bean handler with eleven facilities in southern Ontario and one facility in Minnesota.
  • Additional shares are issued in the form of a 3-for-2 stock split.
  • Six grain and four agronomy facilities located throughout north central Michigan are purchased.
  • The Andersons acquires Nutra-Flo Company, the leading U.S. manufacturer of premium liquid starter fertilizers and micronutrient enriched plant nutrients. This was the largest acquisition in the company’s history.
  • Pat Bowe becomes President and CEO.

The Andersons grows enduring relationships through extraordinary service, a deep knowledge of the market and a knack for finding new ways to add value as we have done for more than 70 years.

Trade
Plant Nutrient
Ethanol
Rail